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March 2013 Grain Stocks Report: Corn Stocks Down 10% from March 2012, Soybean Stocks Down 27%

Source: USDA | Mar 28, 2013

Corn stocks in all positions on March 1, 2013 totaled 5.40 billion bushels, down 10% from March 1, 2012. Of the total stocks, 2.67 billion bushels are stored on farms, down 16% from a year earlier. Off-farm stocks, at 2.73 billion bushels, are down 4% from a year ago. The December 2012-February 2013 indicated disappearance is 2.63 billion bushels, compared with 3.62 billion bushels during the same period last year.

Soybeans stored in all positions on March 1, 2013 totaled 999 million bushels, down 27% from March 1, 2012. Soybean stocks stored on farms are estimated at 457 million bushels, down 18% from a year ago. Off-farm stocks, at 543 million bushels, are down 34% from last March. Indicated disappearance for the December 2012-February 2013 quarter totaled 967 million bushels, down 3% from the same period a year earlier.